DESTINY TECH100 INC (DXYZ) Stock Technical Analysis
NYSE:DXYZ - New York Stock Exchange, Inc. - US25063F1075 - Currency: USD
Overall DXYZ gets a technical rating of 2 out of 10. Although DXYZ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
DXYZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DXYZ has a been trading in the 25.90 - 39.88 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that DXYZ is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
The technical rating of DXYZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.19
36.67
We found 1 important support area.
- Support @28.47 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 28.61 to 28.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 30.58 to 31.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.31 to 34.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.28 to 36.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DXYZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DXYZ is down. |
| ChartMill Relative Strength | 94.36 | POSITIVE | DXYZ has a high relative strength, it outperformed 94.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DXYZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DXYZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DXYZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.28 | NEUTRAL | The RSI value for DXYZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DXYZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.06 | NEUTRAL | The Stochastics value for DXYZ is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for DXYZ suggests high volalility. |
| Average Directional Index/ADX (14) | 27.36 | POSITIVE | The high ADX value value for DXYZ suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
28.59
-1.99 (-6.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.51%
1 Week-5.49%
2 Weeks-11.07%
1 Month-25.14%
3 Month-29.11%
6 Month-43.18%
12 Month151.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.48
ATR(20)%6.5%
ATR Inc139.14%
Range Today2.7
ADR(20)1.48
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.36
Mansfield-2.68
10 Day High32.33
10 Day Low25.9
20 Day High39.88
20 Day Low25.9
52 Week High77.35
52 Week Low9.63
CS1 End28.47
CR1 Start28.61
Volume & EV
DER(3)-0.23%
DER(5)-0.99%
Volume1.58M
Volume Incr-10.55%
Vol(5)535.70K
Vol(50)523.53K